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What is Management Basics and Processes Explained about?
Management involves using available resources to achieve goals. Resources include people, money, time, equipment and materials. Goals may include profit levels, quality standards, and stakeholder concerns. Management functions include planning, organizing, staffing, directing, coordinating, and controlling. It is both an art, as it depends on managerial skills and creativity, and a science, as there are basic principles that provide guidance. Theories of management have developed over stages from scientific
- Author
- Naveed Khan
- Language
- EN